
Prof Prem Sikka: Tax legislation in the UK benefits the interests of the rich
‘UK governments are dressed-up in the garbs of democracy, but continue to privilege the interests of wealthy elites and footloose capital.’

‘UK governments are dressed-up in the garbs of democracy, but continue to privilege the interests of wealthy elites and footloose capital.’

A roundup of progressive news…

Benefits will be uprated by just 3.1% today, despite inflation expected to be around 7.7% this month, with the Bank of England warning that it could reach even higher towards the end of the year.

The chancellor is facing further pressure amid claims that suggested strategies to help the poorest households were vetoed by the Treasury.

No empathy from Sunak for pensioners, the poor, sick, unemployed, workers and graduates.

‘For this was a budget where Sunak chose to prioritise his own Thatcherite ideology rather than the cost of living crisis.’

‘As war continues to rage in Ukraine, sending already surging gas prices even higher, the Chancellor investing in net zero isn’t just good economic policy, it’s also in the interests of our national security.’

Millions of families up and down the country are struggling with the cost of living crisis, which according to the Bank of England has seen the cost of living hit a fresh 30-year high.

‘It is only the visible hand of government policies that is condemning people to poverty and hardship.’

The news you didn’t seek this week…